KPMG’s former Brexit head to lead its financial crime practice
After over 30 years experience at the firm Karen Briggs will head up its financial crime practice in the UK
KPMG has appointed Karen Briggs to head up the firm’s financial crime practice in the UK.
Briggs, formerly the UK head of Brexit, has over 30 years of experience at KPMG advising businesses on international regulatory matters.
She has led anti-money laundering, sanctions, financial crime investigations and provided financial crime advisory services, with a tech angle.
In this role Briggs will lead a large multidisciplinary team of KPMG advisers from the firm’s forensic, consulting, cyber, tax and legal practices. She will also take on the role of UK chair for the firm’s forensic and cyber practices.
Karen Briggs, head of KPMG UK’s financial crime practice said: “I am delighted to be returning to my roots in forensic at a time when financial crime against businesses is on the rise.”
“Just as data is an increasingly valuable commodity to fraudsters, it is also being used in much broader financial crime prevention. Using our data teams, along with cyber and analytical skills and artificial intelligence, we can help clients achieve greater operational effectiveness, improve transaction monitoring systems and improve their financial crime costs and compliance.”
She added: “With much financial crime being conducted cross border, I am also looking forward to working with our global colleagues to help our larger clients understand their exposure and response to financial crime.”
Bill Michael, chairman for KPMG UK, commented: “Criminals are using sophisticated technology to attack businesses, governments and financial institutions. Our experts are working closely with our clients to help them shore up their defences and protect their data and customers from these evolving threats.
“Karen’s in depth knowledge and experience of working across a range of forensic and regulatory disciplines means she is the ideal person to lead our financial crime practice and support our clients to identify and mitigate the risks of them being adversely impacted by financial crime.”